• Ralph offered to sell his boat to Janet for $300.00 and said that he would keep the offer open for thirty days. No money changed hands. Janet thought long and hard about the deal, and called Ralph ten days later, intending to accept. However, Ralph had caller ID on his telephone, and knew that Janet was calling. Before Janet could say anything, Ralph picked up the telephone and said, I withdraw my offer to sell you the boat. Jane said, You cant; you said you would leave it open for thirty days. She then said, I accept your offer. Is there a contract under these circumstances?

a. Yes, because Ralph agreed to keep the offer open for thirty days, and Jane accepted the offer within the thirty-day period.

b. No, because Ralph withdrew the offer before Jane accepted it.

c. Yes, because Ralphs offer was a firm offer.

d. No, because Ralph was never serious when he offered the boat to Jane.